2-bed · 1,388 sqftRimal 1, Jumeirah Beach Residence · 10th floor · completed 2007

1004, Rimal 1

Sold prices and rental history: sold twice, last in January 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 19 January 2017
Last soldAED 1.8M19 January 2017
Current rentAED 145K /yr18 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Rimal 1

What is 1004 worth today?

Last sold for AED 1,800,000 in 2017

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19 Jan 2017SoldReady
AED 1,800,000AED 1,296 per sqft
18 Nov 2015RentedRenewal
AED 145,000/yr12 months · AED 104 per sqft
18 Nov 2014RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
18 Nov 2013RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
27 Feb 2008Sold by developerReady
AED 599,000AED 431 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 January 2017.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Floor
10th of 47
Parking
B714
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 1.8M · January 2017
Building
Rimal 1

About 1004, Rimal 1

1004 is a two-bedroom apartment of 1,388 sqft on the 10th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 January 2017 for AED 1,800,000, or AED 1,296 per sqft, 10% above the AED 1,183 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 18 November 2015, is AED 145,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Rimal 1
1M2M2007201220172022Typical sale price by year: 2007 AED 820,000; 2008 AED 830,000; 2009 AED 1,183,333; 2010 AED 1,440,000; 2011 AED 1,252,000; 2012 AED 1,375,000; 2013 AED 1,400,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 1,750,000; 2017 AED 1,800,000; 2018 AED 1,600,000; 2019 AED 1,315,000; 2020 AED 1,175,000; 2021 AED 1,411,111; 2022 AED 1,800,000; 2023 AED 1,797,500; 2024 AED 2,085,000; 2025 AED 2,000,000Sold by developer, February 2008: AED 599,000 (AED 431 per sqft)Sold, January 2017: AED 1,800,000 (AED 1,296 per sqft)

1004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Rimal 1
100K150K2012201620202024Typical rent by year: 2012 AED 109,688; 2013 AED 111,703; 2014 AED 129,826; 2015 AED 132,825; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,118; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 95,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 131,250New contract, November 2013: AED 130,000 a yearRenewal, November 2014: AED 150,000 a yearRenewal, November 2015: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Rimal 1, and where 1004 sits

All 205 2-beds →

1004 last sold in January 2017 at AED 1,296 per sqft, 10% above what two-beds in Rimal 1 were fetching at the time (AED 1,183). Over the last 12 months two-beds sold for AED 2,200,000 to 2,250,000, around AED 1,582 per sqft, and rent for AED 105,000 to 220,000 a year. 1004's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20262,200,000
29 Jul 2025700,000
16 Jul 20251,916,850
30 Jun 20252,000,000
2 2-bed sales in the last 12 months

Rimal 1

Building

310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 1,545
Typical sale
AED 2.43M
Typical rent
AED 135K /yr
Typical yield
6.0%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 310 units in Rimal 1
Value
10013-bedAED 2.6M · Oct 2024
10023-bedAED 1.64M · Nov 2009
10032-bedAED 820K · Jul 2013
10052-bedAED 1M · Aug 2013
10062-bedAED 1.78M · Apr 2023
10073-bedAED 699K · Aug 2012
10083-bedAED 875K · May 2008

1004, Rimal 1 in numbers

  • Sold twice: first on 27 February 2008 for AED 599,000, last on 19 January 2017 for AED 1,800,000 (AED 1,296 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 130,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 21,800 a year (AED 15.73 per sqft).
  • Two-beds in Rimal 1 sold for AED 2,200,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,545 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 19 January 2017.

Questions about 1004, Rimal 1

What did unit 1004 last sell for?

AED 1,800,000 on 19 January 2017: AED 1,296 per sqft for 1,388 sqft. The unit has 2 registered sales; the first was AED 599,000 in February 2008.

What is the rent for unit 1004?

AED 145,000 a year on the contract renewed on 18 November 2015. The previous contract, from November 2014, was AED 150,000; the unit has been rented since November 2013.

How big is unit 1004?

1,388 sqft (128.9 sqm): a two-bedroom apartment on the 10th floor of a 47-storey tower completed in 2007.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rimal 1 sold for AED 2,200,000 to 2,250,000 in the last 12 months, around AED 1,582 per sqft.

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Mortgage on 1004, Rimal 1

Starts from the last sale price (AED 1.8M, 19 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →